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    Philippe Krakowsky

    CEO at Interpublic Group of Companies Inc
    Board
    Since January 1, 2021
    Age
    62 years
    Tenure
    Has been with IPG for nearly two decades, holding various positions including Chief Strategy and Talent Officer, Interim CEO of FCB, CEO of Mediabrands, COO, and now serving as Chief Executive Officer since 01-01-2021.

    Also at Interpublic Group of Companies Inc

    AB
    Andrew Bonzani
    EVP and General Counsel
    CFC
    Christopher F. Carroll
    EVP, Controller, and Chief Accounting and Business Transformation Officer
    EJ
    Ellen Johnson
    EVP and CFO

    About

    Philippe Krakowsky has built an extensive career at IPG, where he has been a driving force behind the company’s strategic evolution. He assumed the role of Chief Executive Officer on 01-01-2021 after having successfully led initiatives as Chief Operating Officer, CEO of Mediabrands, Interim CEO of FCB, and Chief Strategy and Talent Officer over nearly two decades.

    At IPG, his leadership has been critical in managing diverse business operations and integrating advanced technologies into the company's offerings. His comprehensive approach in overseeing IPG’s media, data, and technology divisions has solidified the firm’s reputation as a leader in the advertising industry.

    Beyond his professional accomplishments, he is noted for his strategic vision and transformational leadership. At 62 years old , his impact at IPG is evidenced by his successful track record of promotions and key strategic initiatives, which have ultimately reinforced IPG’s market position. No detailed personal background or educational history has been provided in the documents.

    $IPG Performance Under Philippe Krakowsky

    Past Roles

    OrganizationRoleDate RangeDetails
    IPGChief Operating Officer (COO)Sep 2019 – Jan 1, 2021Managed business operations and served as Chairman of IPG Mediabrands
    IPGChief Strategy and Talent OfficerFeb 2011 – Sep 2019Oversaw strategy, talent, communications, and business development
    IPGCEO of MediabrandsN/ALed the 10,500-person media investment unit
    FCB (part of IPG)Interim CEON/AServed as interim CEO
    PricewaterhouseCoopersProfessional RoleOct 1991 – Sep 2000Began his professional career
    Lucent TechnologiesChief Accounting Officer/Controller/Financial Vice PresidentN/AHeld various senior financial roles

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,500,000 AnnualFixed base salary
    Annual Dollar Credit under CAP$150,000 AnnualCapital Accumulation Plan
    Matching Contributions under Savings Plan$14,850 AnnualInterpublic Savings Plan contributions
    Premiums Paid on Group Life Insurance$210 AnnualGroup Life Insurance premium

    Performance Compensation

    Data from  FY 2023

    Annual Incentive Compensation

    MetricValueDetails
    Target Incentive Amount$3,000,000 200% of base salary
    Final Payout Amount$1,680,600 Based on weighted performance ratings
    Corporate Financial Performance Weight50%
    High Priority Objectives Weight20% (capped at 80%)
    Payment TypeCashNo vesting schedule
    Evaluation Period2023 Fiscal YearPerformance assessed at year-end

    Long-Term Incentive - Performance Shares

    MetricValueDetails
    Target Shares98,101 Number of shares granted
    Grant DateFeb 28, 2023
    Grant Date Fair Value$3,163,057 At target performance
    Vesting DateFeb 27, 2026 Contingent on continued employment
    Performance Metrics WeightsOrganic Revenue Growth: 30%, OIBIA Margin: 70% Payout range from 0% to 200%

    Long-Term Incentive - Performance Cash

    MetricValueDetails
    Target Value$3,500,000
    Grant DateFeb 28, 2023
    Vesting DateFeb 28, 2026
    Performance Metrics WeightsOrganic Revenue Growth: 30%, OIBIA Margin: 70% Payout range from 0% to 200%
    Forfeiture ConditionTermination within 12 monthsEntire award forfeited if employment ends early

    Long-Term Incentive - Restricted Stock Units (RSUs)

    MetricValueDetails
    Grant DateFeb 28, 2023 Also appears in additional RSU details
    Grant Date Fair Value$3,499,998
    Vesting DateFeb 28, 2026 Time-based vesting; no performance conditions
    Stock Price on Grant$35.68 Average of high and low prices on grant date

    Vesting of Performance-Based Shares

    MetricValueDetails
    Target Shares98,101 Number of shares subject to performance-based vesting
    Grant DateFeb 28, 2023
    Grant Date Fair Value$3,163,057 Fair value calculated per FASB ASC Topic 718
    Vesting DateFeb 28, 2026 Vesting based on achievement over a 3-year period ending Dec 31, 2025
    Performance Period3 years Payout range: 0% to 200% dependent on performance metrics